Panama: Customs Regulations Under Consultation

The document details standards and mechanisms for the cargo manifest, entry and exit of goods, transshipment regime, physical custody of goods and tariff exemptions.

Tuesday, October 27, 2015

From a statement issued from the Ministry of Economy and Finance:

In order to update the laws and decrees that govern the matter of Customs in Panama, the Ministry of Economy and Finance (MEF) and the National Customs Authority (ANA), has started a period consultation in order to find out the position of the unions on the proposed Cabinet Decree which contains dictates complementary to the Uniform Customs Code and Regulations, and which was announced by the Deputy Minister of Finance, Eyda Varela Chinchilla.

Varela de Chinchilla said the proposal seeks to establish new guidelines for modernizing the customs system and represents the first step in the department towards promoting transparent, consistent and efficient regulations for our customs offices, in accordance with international agreements.



More on this topic

El Salvador: Fines for Customs Violations

September 2017

The Legislature has approved a law reform that reduces to $300 fines for driving outside of established routes or non-compliance with the deadlines set for the customs transit regime.

From a statement issued by the Legislative Assembly of El Salvador:

Panama: Unification of Customs Rules

October 2016

The decree that integrates into a single document all national regulations and the Uniform Central American Customs Code has come into force.

The current customs legislation has been unified into a single document and changes made to processes in order to establish deposits of made to order merchandise and tax refunds, among other things.

Honduras - Guatemala Customs Union on Hold

December 2015

The legislative session in Guatemala has ended and the Enabling Protocol needed to implement the customs union planned for December 15, was not even looked at by lawmakers.

Elperiodico.com.gt reports that "... The Protocol was not studied by the plenary, despite having a favorable ruling from the Committee on Foreign Affairs and the existence of a privileged motion signed by several heads of benches, as was stated by the deputy and president of the Commission, Juan Alcázar, so that it could be read and approved as a matter of national urgency. "

Improved Customs Processes in Nicaragua

January 2013

Joint work by businessmen and the Customs Department has born fruit in solving the bureaucratic problems in importing products.

"Today if a customs official imposes a fine, they do not retain the goods, and it will not stop the process, we will ensure that processes are facilitated", said Aguerri Adam Joseph, president of the Superior Council of Private Enterprise(COSEP) at a press conference.

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